Edge 281—April 16, 2009
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SIR JOHN MADDOX, who served 22 years as the editor of Nature, was a trained physicist, who has served on a number of Royal Commissions on environmental pollution and genetic manipulation. His books include Revolution in Biology, The Doomsday Syndrome, Beyond the Energy Crisis, and What Remains to be Discovered: The Agenda for Science in the Next Century. ~ As editor of Nature for 22 years (the 70s to the 90s), John Maddox was a dominant figure in a golden age of science. A fierce proponent of reason, rationalism, and science-based thinking, he ran the best publication of its kind in the world and gave those in his orbit permission to be great. His friendship meant a great deal to me, as did his support and encouragement of Edge and the third culture.
To honor and to remember John Maddox, we are republishing below his 1997 Edge interview: "Complexity and Catastrophe A Talk With Sir John Maddox" Beyond Edge: |
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Introduction John Maddox, who recently stepped down as editor of Nature, occupies a unique place in today's culture. During the past 23 years he managed to build Nature into the premier publication of its kind, while still retaining the respect of the international science community for his intellect and writing. In this discussion he talks about what we need to be concerned about: the increasing accumulation of data on a huge scale, lack of quantitative progress in biology, infection, impact, cloning, and the stability of the human genome. SIR JOHN MADDOX, who served 22 years as the editor of Nature, was a trained physicist, who has served on a number of Royal Commissions on environmental pollution and genetic manipulation. His books include Revolution in Biology, The Doomsday Syndrome, Beyond the Energy Crisis, and What Remains to be Discovered: The Agenda for Science in the Next Century. |
COMPLEXITY AND CATASTROPHE JB: Let's talk about the questions you're asking yourself. MADDOX: There's an extremely interesting question that seems to me to be very urgent: how on earth is science going to cope with the accumulation of data, on a huge scale, of recent years. This relates to another question that hasn't been given enough attention in recent years: when on earth is biology going to become a quantitative science, like physics and chemistry - when there's good evidence to believe that it can't make progress in some fields without becoming much more quantitative. The most successful efforts have come from the study of fear. Fear is a relatively tractable emotion, unlike love or hope which are difficult to pin down. It's always easier to study brain functions that involve clearly defined stimuli and responses than those that don't. For fear, you can easily create experimental situations where the onset of a simple stimulus that warns of impending danger elicits a set of stereotyped responses in an animal, like a rat, that are very similar to the kinds of responses that occur in a human facing danger. By following the flow of the stimulus through the brain from the stimulus processing pathways to the response control networks, it's possible to identify the basic neural circuits involved. We've done this for fear. Let me give an illustration of what I mean. In a field like cell biology, everyone now has a clear picture of how the cell cycle is driven. You have proteins called cyclins, which are meant to interact with another protein called Cdk. Cdk plus cyclin activates two successive steps essential to the cell cycle. One of them is the replication of the cell's DNA; the other is the actual fission of the cell into two daughter cells. It seems to me high time that people recognize that the complexity of this system is so great that it can't really be dealt with in the simple way in which textbooks ordinarily deal with description, i.e. the explanation of events. If, for example, you have an ordinary bacterial cell going through the process of cell division, it may be prompted to do that by some external signal in the environment; it may be prompted to do it simply because time has passed - twenty minutes is the length of time it takes the E. Coli to divide into two, and maybe just twenty minutes is up. There are several different molecular influences acting on this complex of cyclin and Cdk which is what actually triggers off the cell division. The complexity of the problem is so great that you can't comprehend it in the language I've been using; you can't comprehend it in the language of the textbooks, because it has become a mathematical problem. Nevertheless, very few people take this seriously. There's more to it than that. I'm advocating that in the case of the cell cycle this is a specific biological problem. How do we understand the cell cycle? What makes a cell divide? What can we say about the competing influences on a cell - the external environment, the internal need of the cell, the need of some other cell in the same organism. How do these competing influences conspire to decide that the cell is now going to divide into two. What we need are mathematical models for saying what actually goes on. There are other fields like that. Take the way in which the muscles in our arms work. Any molecular biologist will now tell you this understanding is one of the big triumphs of the past ten or fifteen years, that muscle fibers are made of actin and myosin, two proteins - and the idea is that the myosin molecule which is smaller than the actin molecule, acts as a kind of enzyme at the head of the actin fiber, that can ratchet itself along a parallel actin fiber. Molecular biologists say, ah, we now understand how muscles contract. But nobody has done the thermodynamics of this problem. It's obviously a matter of great interest to the world at large to know how much energy is used. The molecular biologist will tell you it comes from ATP. ATP, adenosine triphosphate, is actually the universal source of energy in living cells, and everyone says that's fine, but actually what are the thermodynamic aspects? This question is not considered, and it's a crucial question, because that's the kind of consideration that would tell us when it is that muscles become tired, when they no longer function, or when they become rigid, and go into spasm. There are all kinds of important abnormalities in muscle behavior that would be explained by thermodynamics, if people put their minds to the task. The molecular biologists may have answered the "how ? question, but they will not be able to answer the "why?" question until somebody has done the thermodynamics. What I'm saying underneath all this is that perhaps molecular biology got itself into the condition in which it's far too easy to get data, and therefore there is no incentive to sit down and think about the data and what they mean. But I'm sure that as the years go by, and not many years, people are going to have to be thinking much harder about how they get accurate quantitative data about the behavior of cells, muscles - all these things in living creatures. JB: What is the relation of the acquisition of such data to the development of technological tools that allow you to formulate models and execute on those models. Are your perceptions related to the development in increased computational power? MADDOX: The case I'm making actually doesn't depend on the improvement of computer technology, but what you say is absolutely right; that to solve some of these problems is going to require unprecedented computer technology. But let me illustrate it this way: suppose you want to understand how a cloud functions, a cloud in the sky. Sometimes you get rain out of a cloud, but not always - you see clouds up there but no rain coming out of them. Why is that? The reason is that in a cloud you have a constant upward and downward flow of drops of water, particles of ice and so on, and it's in a dynamic situation. For every cloud the bottom is at some temperature and the top is at another temperature - a lower temperature, of course. Sometimes this dynamic stability of the cloud becomes unstable, perhaps because there's a shift of the temperature, perhaps because something goes through it like a projectile, an aircraft perhaps which may leave a trail of condensation behind it if it's travelling through the humid atmosphere, But you can only understand cloud behavior and answer the question when will this cloud produce rain, if you have a model which can be in that case quite a simple model. In the case of the cell, and the cell cycle, it's a much more complicated model I'm looking for, and there in reality one would need supercomputers to handle the model The models people have built so far - I'm thinking of John Tyson at the Virginia Polytechnic and Albert Goldbeter at the Free University in Brussels -have been handled on ordinary desktops, but everyone agrees they're not sufficiently refined. Once you start refining them you get into real problems. But there's some parts of science that can only be understood when you make a model. The cell cycle is one, the muscle is another, and each of them, being biological problems, are very complicated. JB: Speaking of cells, let's jump off this track for a minute and talk about the cloning experiment in Scotland. People are having a hard time getting their heads around it. MADDOX: I look at the scientific importance of that experiment in the following way: it seems to me is that it is a demonstration that you can take an ordinary cell from a person's body, a somatic cell as it's called, and recreate the genome from that. The reason that's interesting and important is that up until now people haven't been sure whether the DNA in every cell of our body retains the power of making an embryo. This experiment shows that that happens. You can in principle take a cell from your skin or anywhere and make it into an embryo which then grows up into a person. That rules out a number of possibilities for the ways in which different tissues of our body have their different characteristics. Now a liver cell and a kidney cell are outwardly very different; a skin cell and a nerve cell are very different to look at, in their properties, and their behavior. But in practice, the difference could be because their genes have been changed in some way. This experiment in Scotland shows their genes have not been changed radically. They've been silenced, perhaps, but only temporarily. That's very important. Now as to the practical importance, it seems to me that the immediate value of it is in animal husbandry, and that is in those fields where people have been trying to use sheep, or pigs, or cows, to generate biochemicals - to make medicines in sheep. There's a lot of interest in this. The procedure is quite simple: you introduce the human gene responsible shall we say for making insulin, into sheep, and then you collect the insulin from the sheep, and you find it's human insulin, not sheep insulin. Thus you have natural human medicine generated on a farm. This kind of work is very difficult, because it's very much a matter of chance to where the human insulin gene will go. If you can take a successful chance, a case where the gene has gone in the right place and it's producing in the sheep a lot of insulin, then you can clone that sheep and get many many other sheep. You don't have to rely on chance any more. So that's going to be the immediate practical value. The dangerous question is what happens when people start doing it to themselves - to people. For what it's worth, in Britain and many other countries, it's against the law to do this; it's a criminal offense to manipulate the human embryo beyond 14 days of life, and it's in fact a criminal offense to do so without the approval of a licensing authority. How effective that interdiction would be in other countries is anybody's guess. My guess is that countries like Morocco, which has been in the vanguard of sex change operations for many, many years will be in the vanguard of people cloning. So in that spirit, it's a question of waiting to see how the technology works out, and trying to get some kind of international understanding on the circumstances where it would make a lot of sense. Are there any circumstances in which it would make a lot of sense? I can think of one. Coming back to one of the other questions I mentioned at the beginning, suppose we got into a situation where we had reason to believe that there was something wrong, something inherently wrong, with a set of genes that people have inherited, which have been evolved, of course, over the past four and a half million years, since we separated from the great apes. Suppose that we had reason to believe that one of those genes was going to cause trouble as time went on. For example, there is a case which one shouldn't make too much of, but's it's an illustrative case, of Huntington's disease, where there's a normal gene in every one of us, which makes a protein called huntington - nobody knows what its function is. This gene - this gene at cell division, when people procreate, produces a bit of nonsense at the end, and if the bit of nonsense is longer than a certain amount, it actually gives a person Huntington's disease - and he or she dies. That's bad news. There are half a dozen other diseases like that, same unbalanced mechanism. If there were a lot of those incidences, you could pretty well say that the time will come in the evolution of people when we'll all be dying of Huntington's. One way of avoiding it would be to clone people who didn't have this propensity. That's about the only circumstance in which I can see people cloning, as the last resort for the human race to avoid a calamity that would be brought about by gross instability of the human genome. I'm not saying that this is a real prospect now, but maybe in a hundred generations it could be. JB: What other areas are causes of concern to you? MADDOX: I've got a very simple view about the environmental problem that we all know about which is that a great deal of the excitement there's been in the past 25 years about the environment can be boiled down to this: one can say look, you can get whatever environment you wish, provided you are prepared to pay for it. You can get air as clean as you like, water as clean as you like provided that taxes, and the regulation of the private sector is tight enough to meet the standards laid down. This does mean, of course, that the countries that can afford a clean environment are the rich countries, and the environment they purchase is a big purchase - sometimes out of public funds, sometimes out of private funds. Poor countries can't afford a decent environment, but as they get rich they will enjoy the wealth necessary to make them see that a clean environment is good for them. The real environment problems now, it seems to me, are things like infection. We've had AIDS pop up since the early 1980's; it's been a big shock to people that there could be such a completely novel disease doing such terrible damage and apparently untreatable by existing remedies. It's my belief that there must be many other diseases like this waiting for us as the centuries tick by. Suppose, for example, that there were a really infectious cancer virus, something which could just give you lung cancer if you took it in as if it were flu. There's only one known human cancer virus at present, but there are many in the cases of domestic animals like cats, such as the leukemia virus that's well known. The only human cancer known is papilloma virus which causes cervical cancer. And we all know that quite apart from these bizarre novel viruses, there are ordinary bacteria, like E. Coli, that from time to time acquire mutations that make them more virulent. The new E. Coli strain 170, for example, has caused a lot of damage in the United States, in Japan, and now in Britain. Dozens of people have died of food poisoning, in effect. These bacteria are going to become more and more common as the years go by because we are putting the bacteria under such enormous pressure with the intelligent use of antibiotics in hospitals, curing the sick, and so on, the bacteria really have nowhere to go unless they become more virulent. So we must expect that however good the defenses are - by defenses I mean the drugs, the hygiene - the bacteria are going to keep on getting more virulent unless they can be really hit hard. We have the prospect ahead of us of increasing threats from viruses and bacteria, and the organisms that cause diseases like malaria. It's actually part of the price we pay for living longer, for being healthier. It's just one of those things, something that one ought to reckon with, not wring one's hands about. There's another worry, one which perhaps sounds unreasonable. I believe that it's only a matter of time before the world will have to plan to avoid catastrophe by the impact of asteroids. It's now known that 64 million years ago the Cretaceous Period and the dinosaurs were brought to an end because there was a big impact of an asteroid ten kilometers across - about six miles across - the impact site has been found on the Caribbean coast of Mexico, and the crater it left in the ground is 180 kilometers - about 110 miles across. It put up dust into the atmosphere, and the dust stayed there for so long that the vegetation died off, and the dinosaurs that ate grass died off with it, and lots of other species as well. That kind of event is likely to recur every few tens of millions of years. Luckily, the techniques are good enough to be able to pick up about 90% of the objects that size in the neighborhood of the earth. They're called asteroids, or they may be comets. The biggest difficulty is that of a cometary impact because comets travel at a faster speed than asteroids and the warning would be less. But if you think that the whole world was put to an end 64 million years ago pretty well, by one impact, is it not sensible that the human race should do something to protect its own stake in the future? I believe we should be planning to do something about events like that that might happen in the future. Of course smaller impacts can do a lot of damage too. I think it's only a matter of time before people will be setting out to track those things, and to destroy them. JB: How will this be implemented? MADDOX: There are lots of very interesting problems that people haven't really thought about; for example, the best way of avoiding an impact is to explode a nuclear weapon near the projectile. If you can catch it early enough, shall we say several days before it's going to hit the earth, then a quite small nuclear weapon, shall we say 100 megatons, would be enough to nudge it in one direction or the other, but the most efficient way is actually to slow it down; to explode the thing in front of the asteroid. There are a number of associated hazards - if the explosion were not absolutely accurately timed, it might blow the asteroid up, and that might seem good news except there would then be several fragments, and one of those would certainly hit the earth, and it might still be quite big. So the best thing is a carefully controlled explosion to nudge the thing away. The trouble with that is that the Russians and the United States are now against the deployment of nuclear weapons in space; the Chinese are probably against the development of other people's nuclear weapons in space; nobody has talked about the question anyway. So the idea that it might be announced there's going to be an impact a year from now wouldn't actually leave enough time for people to get around the table and decide what best to do about it. My own opinion is that there's going to have to be rather formal negotiation quite soon on what would happen if there were an impending impact. There would have to be arrangements that would make sure that no nuclear weapon authorized for use under this program could be used to divert an asteroid onto some sensitive part of the world, like China or Russia - and so on. All kinds of problems. JB: How much time would we have? MADDOX: It depends. In the worst case there would be hardly any warning at all - a couple of days. A couple of days is too little time to do anything. And the chance that a large object, ten-kilometer object, would arrive with only two or three days' warning is probably about ten percent. No program that one can think of devising is going to avoid the worst case - you can't get absolute security - but you could at least hope to get rid of ninety percent of the big impacts. In the case of asteroids, the warning probably would be quite long, possibly even two or three years, because these asteroids make circuits about the sun just like the planets do, but they go in eccentric orbits, which is why they can hit the earth. This means that if you pick one up on a particular orbit, you might be able to figure out that on its next orbit, or its next but one, it's going to hit the earth. You've got quite some time to plan what to do in that case. And the feasibility of doing something will of course improve as time passes, so in that case one could begin by hoping to avoid half the large objects, quite soon, and, maybe in a hundred years, to avoid ninety percent of the large objects. However, we'll still be stuck with the problem of the ten percent. JB: How do these ten percent sneak in? MADDOX: They begin as comets and the thing about comets is that nobody is entirely clear how they find their way into the inner solar system. The theory - and there's no confirmation of this at all - is that right at the edge of the solar system, roughly at the place where the sun's gravitation field is comparable with the gravitational field due to external objects, like molecular clouds, other stars, and so on - there's a cloud of cometary material called the Oort Cloud, named after the Dutch astronomer Van Oort. What's said to happen is that these objects are either deflected into the solar system by a passing star, or attracted in by some conjunction of one of the outer planets with Jupiter, so that they start drifting into the solar system. They spend some time with Neptune, and some time with Saturn, some time with Jupiter, and either they become asteroids, in which case there's relatively little problems, or in some extreme cases they start heading in from the outer region of the solar system, and they just make one pass at the sun. That's the most dangerous case, because these hyperbolic comets, as they are called, are traveling very fast, and they haven't been seen before, and they will only make one pass at the sun anyway. In that case it would really be quite hard to be sure that one could spot them many days in advance of an impact. That would be curtains.MADDOX: They begin as comets and the thing about comets is that nobody is entirely clear how they find their way into the inner solar system. The theory - and there's no confirmation of this at all - is that right at the edge of the solar system, roughly at the place where the sun's gravitation field is comparable with the gravitational field due to external objects, like molecular clouds, other stars, and so on - there's a cloud of cometary material called the Oort Cloud, named after the Dutch astronomer Van Oort. What's said to happen is that these objects are either deflected into the solar system by a passing star, or attracted in by some conjunction of one of the outer planets with Jupiter, so that they start drifting into the solar system. They spend some time with Neptune, and some time with Saturn, some time with Jupiter, and either they become asteroids, in which case there's relatively little problems, or in some extreme cases they start heading in from the outer region of the solar system, and they just make one pass at the sun. That's the most dangerous case, because these hyperbolic comets, as they are called, are traveling very fast, and they haven't been seen before, and they will only make one pass at the sun anyway. In that case it would really be quite hard to be sure that one could spot them many days in advance of an impact. That would be curtains. JB: Ok, we've talked about data handling, infection, cloning, and impact. Going beyond cloning, let's talk about the stability of the human genome. MADDOX: I dealt with that in the case of the sheep but let me add this to it, because I think it's important. Up until now it's been the assumption of most generations living on the surface of the earth, that the ideal condition of human beings is that in which we recognize that we're a part of the natural world, and our goal is harmony with the natural world. If you think of it, what natural selection, Darwinian natural selection, does, is precisely to make the successful species, those that survive, fit for the environment at the time. It's a device for making sure that everything is in harmony with the natural world. We have accepted, I think, as the human race, that this is indeed the case, that we must accept our dependence on the natural world and our need to be in harmony with it. What happens, then, if we learn that we are one of those many species destined to become extinct because for some reason or another our genome hasn't worked out to be quite as stable as it might have been. In those circumstances we would have a nasty choice. We would have to decide, would we not, whether or not we let ourselves become extinct, as part of our dependence on nature, part of our being a part of nature, or whether we actually struggle against it; do something about it. My guess is that if the question of human extinction is ever posed clearly, people will say that it's all very well to say we've been a part of nature up to now, but at this turning point in the human race's history, it is surely essential that we do something about it; that we fix the genome, to get rid of the disease that's causing the instability, if necessary we clone people known to be free from the risk, because that's the only way in which we can keep the human race alive. A still, small voice may at that stage ask, but what right does the human race have to claim precedence for itself. To which my guess is the full-throated answer would be, sorry, the human race has taken a decision, and that decision is to survive. And, if you like, the hell with the rest of the ecosystem. JB: What are the scientific issues bothering people today that don't worry you? MADDOX: It's interesting that more than a quarter of a century has passed since the publication of The Limits to Growth, the Club of Rome document, which seemed to me to produce a far too simpleminded view of the global problem. The global problem is not the shortage of resources. It's true that we are using up petroleum at quite a rapid rate, two billion tons a year, and the amount of petroleum in the surface of the earth is not by any means infinite. But there's a natural balancing mechanism in those simple scenarios of shortage. The balancing mechanism is price. What we're pretty sure of is that we've now used up one dollar a barrel oil; it's all gone. There's some two dollar a barrel oil left in Saudi Arabia, but the Saudi Arabians are very careful about the degree to which they let their stuff be exploited, and that appears on the market at fifteen dollars a barrel like everybody else's oil. So price is really a regulator of scarcity. Even when petroleum becomes so expensive that it's used only for the production of chemicals - some of the few chemicals that can be produced exclusively from petroleum - the world will not stop. There are plenty of other ways of generating energy which at present are more expensive than petroleum - like nuclear power, even solar power, in small quantities, like hydrogen, which can be made by electrolyzing water, and used as a fuel - so there are all kinds of ways. The future is going to be dependent upon on other sources of energy than the ones we at present use. The argument that we're using scarce, irreplaceable sources of energy is an argument not worth its salt; not worth listening to seriously. We're using up cheap resources, and in due course we're going to have to use more expensive ones, which is an argument of course for wealth creation, economic growth. So my view of the Club of Rome's argument on the Limits of Growth is just that. It's an economic question, always has been, and it will be in the future and it will be dealt with in economic terms. But the other environmental problems that seem to me to be much more important, are those concerning the safety of people's lives. After all, the avoidance of pollution is primarily a problem of how do you keep people healthy. That's what the end purpose is supposed to be, keeping people alive and healthy. The big threat there has been, and remains, infection, which we've talked about. It seems to me another is global warming. Global warming is the scenario that's supposed to happen when, because of the accumulation of carbon dioxide in the atmosphere, the temperature on the surface of the earth is increasing. I'm in a very odd position on this. I accept that global warming, because of carbon dioxide, is going to be a reality at some stage in the future. I disagree with the way in which the forecasts have been made by the organization called the Intergovernmental Panel on Climate Change, which is under the UN umbrella, although it's really a child of the United Nations Environmental Agency and the World Meteorological Organization. These people have produced so far two assessments of the seriousness of global warming, and they predict that during the next century the temperature will increase by between two and three degrees centigrade - which doesn't sound much but actually would be a lot. This is the average temperature, and that would mean that in places like the southern Sahara it would become even more like a desert, and it might even mean that in some parts of the United States, like Texas, it would become a bit like the Sahara. But the real problem is that all this is based on computer modeling, and while I'm fully enthusiastic about computer modeling as a way of understanding scientific problems, and comprehending large amounts of data, I think it's dangerous to rely on computer modeling when you are trying to make predictions about the real world. In fact the satellites that have been used to measure the temperature show that the temperature is increasing less rapidly than the computer models predict, by a factor of three. So I think that the scenario is less gloomy than the Intergovernmental Panel of Climate Change says. On the other hand, it's going to happen sometime, and we have to do something about it. It raises the whole question about how do you get an equitable relationship between the rich and the poor countries. The rich countries have to acknowledge that they can't unilaterally deny developing countries the right to follow in the same kind of path as they themselves have followed in their own economic development. On the other hand, the poor countries have to accept that they can't let their demands on the global system increase as rapidly as their populations increase. They have to accept some kind of restraint on population as a tradeoff. That's going to be such a terribly difficult negotiation and it's very hard to see how it could be completed in the next century. |
Let us move voluntarily into Capitalism 2.0 by helping what needs to be broken break on its own, converting debt into equity, marginalising the economics and business school establishments, shutting down the “Nobel” in economics, banning leveraged buyouts, putting bankers where they belong, clawing back the bonuses of those who got us here, and teaching people to navigate a world with fewer certainties. TEN PRINCIPLES FOR A BLACK-SWAN-ROBUST WORLD [4.16.08]
Introduction
"Then we will see an economic life closer to our biological environment: smaller companies, richer ecology, no leverage. A world in which entrepreneurs, not bankers, take the risks and companies are born and die every day without making the news." The themes Taleb develops in this manifesto are an outgrowth of his 2008 Edge original essay "The Fourth Quadrant: A Map of the Limits of Statistics". (Aslo, see The Black Swan Technical Appendix.) NASSIM NICHOLAS TALEB, essayist and former mathematical trader, is Distinguished Professor of Risk Engineering at New York University’s Polytechnic Institute. He is the author of Fooled by Randomness and the international bestseller The Black Swan. |
TEN PRINCIPLES FOR A BLACK-SWAN-ROBUST WORLD 1. What is fragile should break early while it is still small. Nothing should ever become too big to fail. Evolution in economic life helps those with the maximum amount of hidden risks – and hence the most fragile – become the biggest. 2. No socialisation of losses and privatisation of gains. Whatever may need to be bailed out should be nationalised; whatever does not need a bail-out should be free, small and risk-bearing. We have managed to combine the worst of capitalism and socialism. In France in the 1980s, the socialists took over the banks. In the US in the 2000s, the banks took over the government. This is surreal. 3. People who were driving a school bus blindfolded (and crashed it) should never be given a new bus. The economics establishment (universities, regulators, central bankers, government officials, various organisations staffed with economists) lost its legitimacy with the failure of the system. It is irresponsible and foolish to put our trust in the ability of such experts to get us out of this mess. Instead, find the smart people whose hands are clean. 4. Do not let someone making an “incentive” bonus manage a nuclear plant – or your financial risks. Odds are he would cut every corner on safety to show “profits” while claiming to be “conservative”. Bonuses do not accommodate the hidden risks of blow-ups. It is the asymmetry of the bonus system that got us here. No incentives without disincentives: capitalism is about rewards and punishments, not just rewards. 5. Counter-balance complexity with simplicity. Complexity from globalisation and highly networked economic life needs to be countered by simplicity in financial products. The complex economy is already a form of leverage: the leverage of efficiency. Such systems survive thanks to slack and redundancy; adding debt produces wild and dangerous gyrations and leaves no room for error. Capitalism cannot avoid fads and bubbles: equity bubbles (as in 2000) have proved to be mild; debt bubbles are vicious. 6. Do not give children sticks of dynamite, even if they come with a warning. Complex derivatives need to be banned because nobody understands them and few are rational enough to know it. Citizens must be protected from themselves, from bankers selling them “hedging” products, and from gullible regulators who listen to economic theorists. 7. Only Ponzi schemes should depend on confidence. Governments should never need to “restore confidence”. Cascading rumours are a product of complex systems. Governments cannot stop the rumours. Simply, we need to be in a position to shrug off rumours, be robust in the face of them. 8. Do not give an addict more drugs if he has withdrawal pains. Using leverage to cure the problems of too much leverage is not homeopathy, it is denial. The debt crisis is not a temporary problem, it is a structural one. We need rehab. 9. Citizens should not depend on financial assets or fallible “expert” advice for their retirement. Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control). 10. Make an omelette with the broken eggs. Finally, this crisis cannot be fixed with makeshift repairs, no more than a boat with a rotten hull can be fixed with ad-hoc patches. We need to rebuild the hull with new (stronger) materials; we will have to remake the system before it does so itself. Let us move voluntarily into Capitalism 2.0 by helping what needs to be broken break on its own, converting debt into equity, marginalising the economics and business school establishments, shutting down the “Nobel” in economics, banning leveraged buyouts, putting bankers where they belong, clawing back the bonuses of those who got us here, and teaching people to navigate a world with fewer certainties. Then we will see an economic life closer to our biological environment: smaller companies, richer ecology, no leverage. A world in which entrepreneurs, not bankers, take the risks and companies are born and die every day without making the news. In other words, a place more resistant to black swans. ~ [Originally pubished under the title "Ten principles for a Black Swan-proof worl" by FT.com, April 7, 2009] Edge Link: "The Fourth Quadrant: A Map of the Limits of Statistics" By Nassim Nicholas Taleb— An Edge Original Essay [9.15.08] Beyond Edge: The Black Swan Technical Appendix |
Sir John Maddox, skeptical prophet who enlivened Nature, is dead at the age of 83... more» ... His predictions look pretty good ... Edge interview |
OP-ED COLUMNIST HOW TO RAISE YOUR IQ Poor people have I.Q.’s significantly lower than those of rich people, and the awkward conventional wisdom has been that this is in large part a function of genetics. After all, a series of studies seemed to indicate that I.Q. is largely inherited. Identical twins raised apart, for example, have I.Q.’s that are remarkably similar. They are even closer on average than those of fraternal twins who grow up together. If intelligence were deeply encoded in our genes, that would lead to the depressing conclusion that neither schooling nor antipoverty programs can accomplish much. Yet while this view of I.Q. as overwhelmingly inherited has been widely held, the evidence is growing that it is, at a practical level, profoundly wrong. Richard Nisbett, a professor of psychology at the University of Michigan, has just demolished this view in a superb new book, “Intelligence and How to Get It,” which also offers terrific advice for addressing poverty and inequality in America. Professor Nisbett provides suggestions for transforming your own urchins into geniuses — praise effort more than achievement, teach delayed gratification, limit reprimands and use praise to stimulate curiosity — but focuses on how to raise America’s collective I.Q. That’s important, because while I.Q. doesn’t measure pure intellect — we’re not certain exactly what it does measure — differences do matter, and a higher I.Q. correlates to greater success in life. |
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Obituary Bernard Dixon ...Throughout his life John firmly but courteously argued not only for objectivity and good manners within science, but also for the superiority of rationality over hunch or prejudice in its social discourse and practical applications. This made him the scourge of many environmentalists, anti-scientists and believers in hocus-pocus. ... ...The words used by Richard Dawkins to commend John's last book, What Remains to be Discovered, published in 1998, form a splendid epitaph for this deeply serious, occasionally mischievous man: "Having stood godfather to so much recent science, no single individual is better placed to map out what remains to be discovered. John Maddox may be the last great scientific polymath." He is survived by Brenda, whom he married in 1960, and their son and daughter, as well as a son and daughter by his earlier partner, Nancy Fanning King. • John Royden Maddox, editor, writer and broadcaster, born 27 November 1925; died 12 April 2009 |
OBITUARIES JOHN MADDOX, EDITOR WHO ENLIVENED NATURE, IS DEAD AT 83
John Maddox, who turned the British journal Nature into an internationally influential showcase for the most recent developments in scientific research during his two stints as editor, while bringing a sense of fun and an appetite for spirited argument to its formerly staid pages, died Sunday in Abergavenny, Wales. He was 83 and lived in London and Brecon, Wales. The cause of death was pneumonia associated with a chest infection, said his son Bruno. Mr. Maddox, a chemist and physicist by training, drew on his experience as science correspondent for The Manchester Guardian (now The Guardian) to bring a new sense of competitiveness and timeliness to Nature in his 22 years as its editor. Rather than waiting for scientific papers to come to him, he beat the bushes in search of exciting material, a practice that, over time, guaranteed that the most interesting, provocative papers found their way to Nature first. Such was the competition to be published in its pages that one desperate physicist, after repeated rejections, threatened to set himself afire on the magazine’s doorsteps. It was a mark of his skilled editorship that Nature could publish a paper on, say, the Loch Ness monster without sacrificing its authority. “He took command of Nature in a big way,” the evolutionary biologist Richard Dawkins said. “He had a tremendous grasp of science in the full range, from physics to biology to public affairs as they affected the world of science.” Martin Rees, the president of the Royal Society and Britain’s astronomer royal, called Mr. Maddox “a dominant figure,” adding that “he helped establish Nature’s status internationally and built it up by developing supplements to increase its coverage.” After retiring as editor in 1995, he assumed an influential elder statesman role, acting, Mr. Rees said, “as a general guru of science and scientific policy.” ... |
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JOHN MADDOX 1925-2009 It was with great sadness that I and my colleagues at Nature learned of the death on Sunday of Sir John Maddox — or 'JM', as his colleagues always referred to him. There was puzzlement, too. Yes, John had been looking frail recently, but, well, this was JM — the perpetually restless, irresistible, unstoppable force. The editor who conducted some gatherings with 'shock and awe' as some recall. The 'man with a whim of iron' as others used to call him. And the man who survived countless cigarettes and glasses of red wine, many consumed late into the night as he wrote the week's Editorials at the last possible moment. Full tributes to him will appear in next week's issue (see www.nature.com/jm), but it is appropriate promptly to recall (JM never split an infinitive) some of the highlights of his time at Nature. He first took the reins as the editor of Nature in 1966. He was the fourth editor — the journal was founded in 1869, and his predecessors had lengthy stints, the first, Norman Lockyer, being in charge for 50 years. John served until 1973, when he was succeeded by David Davies. He then returned in 1980, and I succeeded him in December 1995. It was during his first stint that he laid the foundations for Nature as it is today. Importantly (JM liked to start sentences with adverbs), he threw aside the highly informal and somewhat crony-based system for selecting papers and established a system of peer review. A charac teristically readable account of this can be found in his valedictory Essay in his last issue (see Nature 378, 521–523; 1995). ... |
You may think that as an atheist I obviously don’t have a soul (or at any rate, don’t deserve one). So why worry? But that’s not right. The soul is a biological invention that long predates religion. The human mind evolved by natural selection to have a conscious self at its centre: a self that, while a product of the material brain, thinks of itself as something else: an immaterial soul. My atheist soul is up there with the best of them. And the souls of atheists, no less than those of religious believers, aspire to live on indefinitely and fear oblivion. That’s a main part of the job for which natural selection has designed them. ... ...Thus the situation, if we choose to see it this way, has all the makings of tragedy (if not a tragic farce). Natural selection has, on the one hand, been shaping up individual human beings at the level of their souls to believe in themselves and their intrinsic worth, while it has on the other hand been taking steps to ensure that these same individuals, on the level of their bodies, grow old and die and — since by this stage of a life the genes no longer have any interest in ameliorating it — most likely die miserably and in a state of dreadful disillusion. |
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FRONT PAGE MIRRORING THE WORLD Available online ..."Video has become a favoured means of consuming content primarily because of the growth of broadband … else it is too painful to stream and view,” says N. Udhay Shankar, who founded one of India’s earliest web companies and helped to kickstart the Linux movement in India. While TED (which stands for Technology, Entertainment, Design) is the most well-known of its kind, you can listen to Salman Rushdie talk on the Enchantress at Authors @Google, of Florence or Brian Cox talking about the God Particle at Edge.Org. ... |
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WHAT ARE YOU OPTIMISTIC ABOUT?
From global warming to economic crises, things seem to be turning worse. At this time of pessimism prevailing over optimism, the world needs some antidotes to this epidemic of negative views. But what's out there to be positive about? This is the question that the author asked 160 scholars and scientific thinkers. John Brockman, the founder of Edge, the influential online salon, complied their answers in this book. Nobel Laureates, Pulitzer Prize winners, Harvard professors and other world class thinkers laid bare their minds about what they're positive about. They are neither blindly nor naively optimistic. Their optimism is based on logical, professional views and insight. Topics are wide-ranging, from physics and medicine to education and religion or the end of the world. They illustrate diverse sides of the world's future and why they're optimistic about it. These great thinkers also present tasks that we should tackle to make a better world and this book may help change readers' perceptions of the future of mankind in a more positive way. -CHO JAE-HYON |
That is still how science works, even as the technology for observing and analyzing natural phenomena have grown to a high level of sophistication. It is not how religion works. Faith is a sense of human spirituality that does not rely wholly on empirical observations. It relies on a cognitive element not evident in other animals, but one that is biologically based, according to Marc Hauser, Harvard professor of psychology and biological anthropology ("Moral Minds: How nature designed our universal sense of right and wrong," HarperCollins, 2006). Hauser says a human's moral sense results from a human's ability "to foresee future rewards" in making decisions about how to behave toward another human being. Religious beliefs are not a deciding factor in moral behavior, Hauser said. Rather, he said, moral decisions are based on the ability of the person to forecast an outcome. Religion and science also forecast outcomes, but one relies on faith, the other on testable concepts. University of Chicago ecology professor Jerry Coyne cites elements of scientific inquiry include having testable ideas and relying on evidence in testing a theory (www.edge.org "Must we always cater to the faithful when teaching science?") The presence of God is not a testable idea, unless the faithful accept that God is only a theory. Proponents of intelligent design appear to be fearful that individuals cannot exercise faith while they engage in scientific study. Matthew 8:26 offers: "Why are ye fearful, Oh ye of little faith?" "Haku Mo'olelo," "writing stories," is about stories that are being written or have been written. It appears every Friday. |
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WHAT HAVE YOU CHANGED YOUR MIND ABOUT "A
great event in the Anglo-Saxon culture." Contributors include: STEVEN PINKER on the future of human evolution • RICHARD DAWKINS on the mysteries of courtship • SAM HARRIS on why Mother Nature is not our friend • NASSIM NICHOLAS TALEB on the irrelevance of probability • ALUN ANDERSON on the reality of global warming • ALAN ALDA considers, reconsiders, and re-reconsiders God • LISA RANDALL on the secrets of the Sun • RAY KURZWEIL on the possibility of extraterrestrial life • BRIAN ENO on what it means to be a "revolutionary" • HELEN FISHER on love, fidelity, and the viability of marriage…and many others. Praise for the online publication of "The splendidly enlightened Edge website (www.edge.org) has rounded off each year of inter-disciplinary debate by asking its heavy-hitting contributors to answer one question. I strongly recommend a visit." The Independent "A great event in the Anglo-Saxon culture." El Mundo "As fascinating and weighty as one would imagine." The Independent "They are the intellectual elite, the brains the rest of us rely on to make sense of the universe and answer the big questions. But in a refreshing show of new year humility, the world's best thinkers have admitted that from time to time even they are forced to change their minds." The Guardian "Even the world's best brains have to admit to being wrong sometimes: here, leading scientists respond to a new year challenge." The Times "Provocative ideas put forward today by leading figures."The Telegraph The world's finest minds have responded with some of the most insightful, humbling, fascinating confessions and anecdotes, an intellectual treasure trove. ... Best three or four hours of intense, enlightening reading you can do for the new year. Read it now." San Francisco Chronicle "As in the past, these world-class thinkers have responded to impossibly open-ended questions with erudition, imagination and clarity." The News & Observer "A jolt of fresh thinking...The answers address a fabulous array of issues. This is the intellectual equivalent of a New Year's dip in the lake—bracing, possibly shriek-inducing, and bound to wake you up." The Globe and Mail "Answers ring like scientific odes to uncertainty, humility and doubt; passionate pleas for critical thought in a world threatened by blind convictions." The Toronto Star "For an exceptionally high quotient of interesting ideas to words, this is hard to beat. ...What a feast of egg-head opinionating!" National Review Online |
WHAT ARE YOU OPTIMISTIC ABOUT? "The optimistic visions seem not just wonderful but plausible." Wall Street Journal "Persuasively upbeat." O, The Oprah Magazine "Our greatest minds provide nutshell insights on how science will help forge a better world ahead." Seed "Uplifting...an enthralling book." The Mail on Sunday |
WHAT IS YOUR DANGEROUS IDEA? "Danger – brilliant minds at work...A brilliant bok: exhilarating, hilarious, and chilling." The Evening Standard (London) "A selection of the most explosive ideas of our age." Sunday Herald "Provocative" The Independent "Challenging notions put forward by some of the world's sharpest minds" Sunday Times "A titillating compilation" The Guardian "Reads like an intriguing dinner party conversation among great minds in science" Discover |
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WHAT WE BELIEVE BUT CANNOT PROVE? "Whether or not we believe proof or prove belief, understanding belief itself becomes essential in a time when so many people in the world are ardent believers." LA Times "Belief appears to motivate even the most rigorously scientific minds. It stimulates and challenges, it tricks us into holding things to be true against our better judgment, and, like scepticism -its opposite -it serves a function in science that is playful as well as thought-provoking. not we believe proof or prove belief, understanding belief itself becomes essential in a time when so many people in the world are ardent believers." The Times "John Brockman is the PT Barnum of popular science. He has always been a great huckster of ideas." The Observer "An unprecedented roster of brilliant minds, the sum of which is nothing short of an oracle—a book ro be dog-eared and debated." Seed "Scientific pipedreams at their very best." The Guardian "Makes for some astounding reading." Boston Globe "Fantastically stimulating...It's like the crack cocaine of the thinking world.... Once you start, you can't stop thinking about that question." BBC Radio 4 "Intellectual and creative magnificence" The Skeptical Inquirer |
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Edge Foundation, Inc. is a nonprofit private operating foundation under Section 501(c)(3) of the Internal Revenue Code. |
John Brockman, Editor and Publisher |
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